Press & Media

Israel Discount bank provided $11M mortgage An entity connected to Miki Naftali’s Naftali Group just closed on a five-story mixed-use building on the Upper East Side for $21.1 million. The developer purchased 1041 Madison Avenue, a six-unit rental property between East 79th and East 80th streets.

Adjacent UES buildings provide more than 60K buildable sf In 2015, Miki Naftali was one of the first developers to declare that the Emperor had no clothes. Land was just too expensive for deals to make sense, he said at the time, and his company, the Naftali Group, would be focusing for a time on their active projects rather than sourcing new deals.

Adjacent UES buildings provide more than 60K buildable sf In 2015, Miki Naftali was one of the first developers to declare that the Emperor had no clothes. Land was just too expensive for deals to make sense, he said at the time, and his company, the Naftali Group, would be focusing for a time on their active projects rather than sourcing new deals.

We are the world’s #1 source for commercial real estate news Opinions expressed by Forbes Contributors are their own. Post written by Ethan Rothstein New York City is among the real estate markets with the highest barriers to entry in the world, which is why it is so appealing to so many in the industry.

“Am I the leader of the company?” Laurent Morali, the new president of Kushner Companies, repeated the question, then answered without a moment’s hesitation. “I am.” To many New York real estate insiders, that statement may not carry much weight. Kushner Cos. is a family firm with a storied legacy.

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